Leonardo stock: RBC keeps its EUR 70.00 target for Leonardo stock

Published on 10/16/2026 at 17:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 4, 2026. Leonardo stock costs EUR 50.36 on October 16, 2026, plus 4.59 percent versus the Borsa Italiana close.

Analyst target and trading date

RBC Capital maintained a EUR 70.00 target for Leonardo on October 9, 2026.
Leonardo's board is scheduled to approve nine-month 2026 results on November 4, 2026.
Leonardo stock trades at EUR 50.36 at 5:14 p.m. CEST at Lang & Schwarz on October 16, 2026, 4.59 percent above the Borsa Italiana close of October 15, 2026.
Leonardo's market capitalization is EUR 29.0 billion as of October 16, 2026.

Trading-Floor mit Bildschirmen und Aktiencharts der Rüstungsbranche — Börsen-Editorial mit Charts illustriert Handel der Leonardo S.p.A.-Aktie (IT0003856405) am Aktienmarkt Mailand, Illustration mit AI erstellt.

RBC Capital maintained its Buy rating and EUR 70.00 price target for Leonardo on October 9, 2026, according to Markets Insider. The target stands 39.00 percent above the EUR 50.36 price at Lang & Schwarz on October 16, 2026 at 5:14 p.m. CEST, which was 4.59 percent above the Borsa Italiana close of October 15, 2026.

First-half orders rose 45.00 percent

Leonardo reported EUR 16.0 billion of new orders in the first half of 2026, up 45.00 percent from the year-earlier period. Revenue reached EUR 10.0 billion, an increase of 12.00 percent, while EBITA rose 34.00 percent to EUR 780 million, according to the company's investor materials.

Price stays 24.00 percent below high

The 52-week range is EUR 43.15 to EUR 66.26 as of October 16, 2026. The Lang & Schwarz price therefore sits 24.00 percent below the 52-week high and EUR 7.21 above the 52-week low. The current market capitalization is EUR 29.0 billion, and the trailing P/E ratio is 25.84.

November 4 date sets the calendar

Leonardo's board is scheduled to approve the nine-month 2026 results on November 4, 2026. The company moved the meeting forward by one day for organizational reasons in a release dated October 14, 2026, according to Leonardo.

Comparison with peers

Leonardo: plus 4.59 percent, P/E 25.84, market capitalization EUR 29.0 billion.

Thales (Euronext Paris, EUR): plus 2.81 percent, P/E 32.26, market capitalization EUR 48.1 billion.

Rheinmetall (Xetra, EUR): plus 6.63 percent, P/E 70.93, market capitalization EUR 51.0 billion.

Leonardo trading after 5:00 p.m.

For investors in Germany, the key comparison is the gap between Leonardo's current euro quotation and its October 15 close. The target distance supplied by RBC Capital is wider than the same-day move, while the next reporting date offers the next concrete calendar marker.

Leonardo stock was trading at EUR 50.36 at Lang & Schwarz on October 16, 2026 at 5:14 p.m. CEST, 4.59 percent above the Borsa Italiana close of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Leonardo stock.